In a transcript of Microsoft’s earnings call, posted on the Seeking Alpha financial blogging site, Microsoft chief financial officer (CFO) Amy Hood said: “In our commercial business, we again saw increased customer commitment across our cloud platform. In Azure, we had material growth in the number of $10 million-plus contracts.
“Additionally, Microsoft 365 drove new customer adoption, as well as expansion in our existing customer base, given the strong value Office 365, Windows 10, and enterprise mobility and security.” Overall, Hood said Azure revenue increased 59%.
